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    hotamigo's Avatar
    hotamigo Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Apr 15, 2008, 09:43 AM
    PAY Day Loan - Gone to Small Business Court
    Hi,

    Need some professional advice. Took a pay day loan 6 months ago for $750 which I could not pay but now after all these months the company has filed my case with small business court here in Toronto, CANADA. They are asking for $1500 now which includes NSF,Legal,interest charges etc.

    What will happen now and what should I do since it has gone the court. I cannot make any payments as I am not working but can pay in installments. What will the court do to me?? Will there we a judgement or something?

    Please advise!!
    elfkar's Avatar
    elfkar Posts: 27, Reputation: 1
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    #2

    Apr 15, 2008, 09:46 AM
    How do you know you are going to court? Have you been served? I also had payday lons and they told me they were taking it to court, but never did and I was never served.

    Could be just scaring you. Unless you have already been served, then I would not know what court will do
    hotamigo's Avatar
    hotamigo Posts: 4, Reputation: 1
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    #3

    Apr 15, 2008, 09:50 AM
    I got the paper work in the mail which has the name of the court with the file number and date it was signed.
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